Do you trade at multiple exchanges? | Bitcointalksearch.org

charlotte04

full member

Activity: 504

Merit: 102

Quote from: jeffytune on May 28, 2017, 04:53:15 PM

Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?

Yes, I do divide my funds for trading on different exchanges in order for me to lessen the risk of making my self poor just because that exchange my go out of service anytime.

mabell943

sr. member

Activity: 590

Merit: 258

Yes, I do some multiple exchanges since in trading you are not just stick to one electronic coin or digital curreny. You need to become flexible and resourceful in this aspects in order to obtain a nice result which gives you instant income in future.

Qartersa

hero member

Activity: 868

Merit: 535

At times. As I have stressed multiple times, I do whatever depending on the circumstances of trading vis-a-vis the crypto's price and volatility as such time- give it a time frame of a week perhaps. This is my behavior towards trading at single or multiple exchanges because there are no hard-and-fast rules when it comes to trading. Each moment is unique on its own, given the circumstances of each case. Hence, in this regard, I would have to say I do trade depending on how the market is moving regardless if it is on a single or multiple exchange.

checkmatesir

full member

Activity: 584

Merit: 100

$CYBERCASH METAVERSE

I use couple of exchanges because I have to not because I like to. I get paid in many crytocurrencies which means I need to use an exchange like binance or bittrex to actually accept payment (I actually use coinpayments.net mainly for my website) and when I get paid I need to use another exchange for my local country where I exchange bitcoins back to fiat if I ever need to.

Alice123

newbie

Activity: 34

Merit: 0

Indeed I am utilizing numerous trading exchanges, it depend upon you in which of them you are going to use, obviously you should look it first before you exchange that stage. What's more, I don't perceive any amiss with it as long as it gives you advantages and benefit.

HTMLCOIN

sr. member

Activity: 672

Merit: 250

I trade in multiple exchange, its depending on your coins which of them you have . im use mostly binance and idex

dzhan

sr. member

Activity: 743

Merit: 250

Yes I am trading at multiple exchanges, because I am trading many coins and tokens, and there is no unique exchange supporting all the crypto currencies right now. Sometimes you are forced to rgister in some exchange because the coin you re trading is only supported by that exchange, you havent many choices in this case.

JPage

full member

Activity: 399

Merit: 105

Yes, I am using multiple exchanges for trade, because differenet trading sites has different altcoins and cryptocurrency, and if I want to trade some specific coin I need firstly search where it is

Sony.UK

full member

Activity: 532

Merit: 103

Quote from: CASTIEL05 on April 20, 2018, 01:34:50 AM

Quote from: jeffytune on May 28, 2017, 04:53:15 PM

Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?

Expect that bounty hunters are using multiple exchanges because a lot of ICOs are listed in different exchange. In my case, I am looking for a unique exchange when I will become a trader. It's either the exchange aggregates a lot of coins or they have small fee.

Multiple exchanges only supporting to all the coins because traders are looking to best profitable platform so single exchange sites is not convenient to traders. If you need unique exchange you should create your own exchange because your expectation is too much in Crypto exchange.

CASTIEL05

member

Activity: 560

Merit: 13

Quote from: jeffytune on May 28, 2017, 04:53:15 PM

Most of the time there difference of price exists so do you withdraw bitcoins from one exchange and sell at higher rate exchange?

Expect that bounty hunters are using multiple exchanges because a lot of ICOs are listed in different exchange. In my case, I am looking for a unique exchange when I will become a trader. It's either the exchange aggregates a lot of coins or they have small fee.

semobo

full member

Activity: 1498

Merit: 146

Quote from: lushlifing on April 18, 2018, 01:49:42 AM

I don't recommend though, why not use only one?Why make life hard? lol. You can use Binance, low fees, great volume.

LoL, don't run behind the same exchange,be open minded and see what are the options to earn money from cryotocurrency if you can trade at multiple exchanges means it is arbitrage trading where you can earn quick money by using the difference in the prices between the exchanges.

seramania

full member

Activity: 827

Merit: 100

I always trade in some echange it happens because now there are so many markets that have advantages including sales volume and price. do not matter if you have to trade in some exchanger and make sure exhcanger is good like bittrex, binance, kucoin, poloniex and others

rhayot

newbie

Activity: 351

Merit: 0

Yes, I trade in different exchanges and I think it is being a wise idea to trade in different exchanges because of the price of your altcoin or bitcoin that varies in these different exchanges. If you want to earn a high profit and as a trader, you should open your mind that don't stuck only in one exchange site. And, there's no any bad about that as long as you are doing what you think is right.

Mhedz

full member

Activity: 336

Merit: 100

ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018

Yes,i do trade at multiple exchange like poloniex,hitbtc,mercatox,okex,coinexchange,etc. since coins are listed on different exchange,and i'm doing also the arbitrage technique, not quite easy but can give huge profit when you made arbitrage during dip season,

loof99

sr. member

Activity: 524

Merit: 258

Yes, I trade in multiple exchanges since there are some electronic wallets that have a credit limitations in terms of its financial transactions, therefore in order to prevent that you should take multiple exchanges.

prashanta

copper member

Activity: 728

Merit: 250

well,
organizations which can be listed in more than one stock exchanges are normally large and provide this to make buying and selling their stocks less difficult for a bigger part of the sector. it's also to draws the extra liquidity and better percentage fee.
So genuinely i do trade in multi-exchange as a great deal as possible. not best me all trader used to multi-exchanger for buying greater income.

mega

hero member

Activity: 812

Merit: 500

Yes,It give me more exposure about trading and feel the clear differnce thtat which one is performing well.I personally like okex,and Upbit but i also use Binance,Gate io,Hitbtc.

lushlifing

newbie

Activity: 196

Merit: 0

I don't recommend though, why not use only one?Why make life hard? lol. You can use Binance, low fees, great volume.

deppil

hero member

Activity: 1008

Merit: 501

Quote from: Hillthy on April 16, 2018, 11:05:55 AM

Yes, I am trading in many places. To eliminate the risks of hacking or other problems. I have been trading in a few places like ETHfinex, bittrex and binance ... I'm not a person with a lot of trading experience, but these transactions have brought me a sense of peace and safety.

probably not just to avoid the risk of hacking but by using many exchanges you have variations in having a coin for your investment, you also have different coin price variations with other exchanges so you can have which is cheap or expensive. by trade using multiple exchanges you can also very likely do arbitrage for easy profit

HeavenIneed

newbie

Activity: 68

Merit: 0

Don't you think different tradings are helpful to reduce loss suffered by one trade and make it up with other

Topic: Do you trade at multiple exchanges? (Read 19331 times)